Compare: Midtown vs Parkway Village-Oakhaven
Home Values in Midtown and Parkway Village-Oakhaven
|Zillow Home Value IndexWhat's this?||$53,800||vs||$57,300|
|Median List Price||$99,000||vs||$50,500|
|Median Sale Price||$136,400||vs||$63,500|
|Total Homes Sold in Oct||106 homes||vs||73 homes|
Midtown, Memphis tends to be less expensive for home buyers than Parkway Village-Oakhaven, Memphis. During the last year, Midtown home values have risen by 17.0%, while Parkway Village-Oakhaven home values have risen by 7.5%. The median sale price in Midtown is $136,400, but the median listing price was $99,000, a 37.8% increase. Meanwhile in Parkway Village-Oakhaven, the median selling price is $63,500, and the starting price had a median of $50,500, a 25.7% increase. In October, Midtown home sellers managed to move 106 houses, while Parkway Village-Oakhaven saw 73 transactions.
Demographics in Midtown and Parkway Village-Oakhaven
|Median Household Income||$28,259||vs||$36,646|
|Homes with Kids||23.0%||vs||34.9%|
|Average Household Size||2.3||vs||2.9|
|Average Commute Time (Minutes)||23||vs||23|
At $36,646, the median income in Parkway Village-Oakhaven is $8,386 more than in Midtown, and $7,866 lower than the national average. Midtown has an older median age, at 36, compared to 29 in Parkway Village-Oakhaven, and the same average commute. The average commute in Parkway Village-Oakhaven is 23 minutes and the average commute in Midtown is 23 minutes.